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Adobe Reports Earnings on Tuesday & Here’s What Jim Cramer Is Watching

June 6, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Portfolio Manager awaits quarterly results from Adobe Systems , released after the markets close on Tuesday. ‘Adobe is a very conservative company – the moment that they report, the headline number is usually not good and then you have to dig deep and it turns out it is good,’ Cramer said. ‘Don’t trade Adobe off the headline.’ Analysts expect Adobe to report earnings for its most recent quarter of $0.68 a share on sales of $1.4 billion. During the same quarter a year ago, the company reported earnings of $0.48 with revenue of $1.16 billion.

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